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Students are asked to play the role of a cab driver with two Kias, and he nas to pay nis mortgage in a week's time
Students are asked to play the role of a cab driver with two Kias, and he nas to pay nis
mortgage in a week's time ($1800). The students have to calculate their daily
earnings, their expenditure, and how they can pay back the mortgage. Students will
understand to implement financial concepts and how difficult it is to live paycheck to
paycheck. There is no savings and you cannot borrow money from anyone. Also you
don't have any credit card.
The person reading the following question is the cab driver and here we have to make proper management of household financial statement like how to go in daily life ;
Students are asked to play the role of a cab driver with two Kids, and he has to pay nis
mortgage in a week's time ($1800). The students have to calculate their daily
earnings, their expenditure, and how they can pay back the mortgage. Students will
understand to implement financial concepts and how difficult it is to live paycheck to
paycheck. There is no savings and you cannot borrow money from anyone. Also you don't have any credit card.
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